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A weight target of \( 48 \) t grows by \( 1.5 \) per cent per quarter over four quarters. The final weight is nearest to

  • A.52.3 t
  • B.49.4 t
  • C.50.9 t
  • D.48.7 t

Answer: C

Compounding, \( 48 \times 1.015^4 = 48 \times 1.0614 = 50.9 \) t. Growth of one and a half per cent a quarter looks negligible in any single review and amounts to nearly three tonnes in a year, which is exactly why the trend is tracked rather than the snapshot.

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